We use cookies to improve your experience. By your continued use of this site you accept such use.
African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • African Development Bank supports BIASHARA Africa 2024 Business Forum
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank supports BIASHARA Africa 2024 Business Forum

The meeting, organized by the African Continental Free Trade Area (AfCFTA), brought together industry leaders, policymakers and government representatives to promote African trade and foster economic growth on the continent

The African Development Bank (www.AfDB.org) has lent support to the Biashara Africa 2024 Business Forum or AfCFTA Business Forum, held from 9-11 October 2024 in Kigali, Rwanda.  The meeting, organized by the African Continental Free Trade Area (AfCFTA) (https://apo-opa.co/4h90Ciq), brought together industry leaders, policymakers and government representatives to promote African…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Upcyclers, a web-based marketplace digitalizing the e-waste value chain, is a Ghanaian enterprise selected as one of 30 beneficiaries in the first cohort of the African Development Bank-supported AfriCircular Innovators Programme
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank’s AfriCircular Innovators Programme names 30 small and medium enterprises to receive assistance to scale up circular economy solutions

MSMEs represent 80 percent of Africa's businesses, while the circular economy in Africa has the potential to generate 11 million jobs

The African Development Bank-supported (www.AfDB.org) AfriCircular Innovators Programme has selected 30 small and medium enterprises to receive financing and technical assistance to scale up circular economy (https://apo-opa.co/3SZxikc) initiatives. This inaugural cohort, drawn from Cote d’Ivoire, Ghana and Rwanda, participated in an online onboarding event on August 9, 2024. The AfriCircular…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (2)
    • The agreement signed in Nairobi by AfDB Vice president Solomon Quaynor (right) and Rwanda’s Minister of Finance Uzziel Ndagijamana will enable the country to raise up to €200 million competitively from international banks
    • Members of the African Development Bank and government of Rwanda teams on the sidelines of the African Development Bank annual meetings in Nairobi
  • All (2)
Source: African Development Bank Group (AfDB) |

African Development Bank and Rwanda Sign Partial Credit Guarantee Agreement to Support Green and Social Initiatives

The transaction demonstrates the Bank Group’s commitment to support Regional Member Countries access to alternative sources of sustainable financing in line with its Ten-Year Strategy (2024-33) seeking to accelerate inclusive green growth

The African Development Bank (www.AfDB.org) and the Government of Rwanda have signed a partial credit guarantee agreement to support Rwanda's mobilisation of financing for green and social initiatives. The document was signed at the African Development Bank's Annual Meetings by Solomon Quaynor, Vice President for Private Sector, Infrastructure and Industrialisation…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Significant results achieved in transport and energy and access to drinking water midway through the implementation of the African Development Bank’s Country Strategy Paper 2022-26 for Rwanda
  • All (1)
Source: African Development Bank Group (AfDB) |

Rwanda: Significant results midway through the implementation of the African Development Bank country strategy 2022-26

A total of 120 targeted specialist graduates were employed within a year of graduating and 100 sustainable digital businesses have been created by young people

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved the mid-term review of the Country Strategy Paper (CSP) 2022-26 for Rwanda in Abidjan on 21 May 2024. The progress during the first half of the implementation period has been significant. The CSP for Rwanda was approved by…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Rwanda: African Development Fund to provide a partial credit guarantee to support the financing of green and sustainable initiatives

This is in line with Rwanda’s National Strategy for Transformation (NST-1) for 2017-2024 and Vision 2050

The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group (www.AfDB.org), has approved a partial credit guarantee to support Rwanda’s mobilisation of financing to implement green and social initiatives. The Partial credit guarantee for mobilisation of sustainable financing for Rwanda project…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • The African Pharmaceutical Technology Foundation receives financial support from the African Development Fund to set up its activities
  • All (1)
Source: African Development Bank Group (AfDB) |

Rwanda: The African Development Fund commits $12 million to the rapid operationalization of the African Pharmaceutical Technology Foundation (APTF)

This foundation will act as a transparent intermediary that promote and negotiate with pharmaceutical multinationals and other countries in the South on sharing technology

The Board of Directors of the African Development Fund approved, in Abidjan on 27 February 2024, $11.96 million Grant to speed up the establishment of the African Pharmaceutical Technology Foundation, headquartered in Kigali, Rwanda. The financial support from the African Development Bank Group’s Regional Public Good window, together with a…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Africa gets shot in the arm as African Pharmaceutical Technology Foundation gets underway
  • Documents (1)
    • Discours de M. Akinwumi A. Adesina, président du Groupe de la Banque africaine de développement
  • All (2)
Source: African Development Bank Group (AfDB) |

Africa gets shot in the arm as African Pharmaceutical Technology Foundation gets underway

The European Investment Bank will be a partner in the Foundation’s regional biosimilars program for the production and innovation of relevant biosimilars in Africa

Africa’s efforts to build a resilient and self-reliant pharmaceutical industry for the continent advanced significantly today as the African Pharmaceutical Technology Foundation and the Rwandan Government signed the host country agreement paving the way for the Foundation’s operationalisation. The Foundation also signed a memorandum of understanding with the European Investment…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Africa Visa Openness Index 2023: Progress in visa openness in Africa to ease cross border travel, boost trade, investment and regional integration

The Africa Visa Openness Index (AVOI) measures the extent to which African countries are open to visitors from other African countries

Rwanda becomes latest African country to offer visa-free access to all Africans; continent has bounced back from setbacks due to Covid-19 travel restrictions. Download document: https://apo-opa.co/3RegmVo Africa is making strides in its visa openness policies boding well for cross border travel, ease of movement and trade in 2024 and beyond. The…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Funding from the African Development Bank Group will make it possible to rehabilitate the Nzove 1 wastewater treatment plant and supply drinking water to an additional 227,000 people
  • All (1)
Source: African Development Bank Group (AfDB) |

Rwanda: African Development Bank and the Africa Growing Together Fund (AGTF) mobilize USD 250 million to improve access to water and sanitation

The program’s four components provide for investments in water supply, as well as managing drainage basins, other investments in sanitation and program management, and support for the sector

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved loans of almost USD 250 million to Rwanda in Abidjan on 1 December 2023, to improve the population’s access to water and sanitation services. The Sustainable Water Supply and Sanitation Program for Transformation, currently in Phase I, will…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Ms Joyeuse Uwingeneye announced her ambitions as the new President of the African Public Procurement Network
  • All (1)
Source: African Development Bank Group (AfDB) |

Public procurement: the African Public Procurement Network (APPN) adopts ten recommendations for an effective contribution to sustainable development in Africa

Boutheina Guermazi, Director for Regional Integration for Sub-Saharan Africa, the Middle East, and North Africa at the World Bank, praised the participants’ efforts as a network

The third General Assembly of the African Public Procurement Network (APPN), which wrapped up in Abidjan on Thursday, adopted around ten recommendations for an effective contribution to sustainable development in Africa. This followed an earlier decision by participants from around 40 African countries to host the 2024 APPN General Assembly…